The meme coin sector of the cryptocurrency market has sparked severe issues amongst holders of Dogecoin (DOGE). The issues got here as 752 million DOGE have been transferred from unknown wallets in 4 totally different transactions to the Robinhood change.
Dogecoin whales transfer $195 million to Robinhood change
Whale Alert information reveals that Dogecoin whales transferred the meme cash in tranches of 188 million DOGE, every valued at $48.95 million. This introduced the whole to $195.8 million that has been moved to the change.
This residue on Robinhood has sparked hypothesis of attainable gross sales. Normally, motion of belongings from personal wallets to exchanges indicators the holder’s intent to promote. Nonetheless, it is also that these massive holders wish to swap DOGE for different belongings.
🚨 🚨 188,000,000 #DOGE (48,950,302 USD) transferred from unknown pockets to #Robinhoodhttps://t.co/A5aJHJPBvV
— Whale Alert (@whale_alert) September 16, 2025
Whales generally switch their belongings to exchanges for collateral or simply portfolio reshuffling. Whatever the intent, the Dogecoin neighborhood’s notion will decide the affect that the present transaction can have on the worth outlook of the meme coin.
Earlier than this growth, DOGE had gained 8.7% in worth over the previous seven days as buyers anticipated a climb to $0.30.
As of press time, Dogecoin was altering fingers at $0.2602, which represents a 1.44% lower within the final 24 hours.
The meme coin beforehand hit a peak of $0.2697 because it regarded able to flip to $0.27. Nonetheless, there was a pullback by buyers, with buying and selling quantity down by 34.46% at $4.1 billion inside the identical timeframe.
Can DOGE reclaim $0.30 degree?
In the meantime, the Dogecoin neighborhood is keeping track of the meme coin’s technical indicators.
Notably, a loss of life cross is looming for DOGE, as per the 9-day and 26-day easy transferring common setup. It’s unclear what ecosystem bulls will do now that there are issues about promoting strain.
If Dogecoin bulls step in, it’d assist stabilize the worth and probably drive DOGE to reclaim the $0.30 degree it hit briefly on the weekend. The rebound to $0.30 had been thought-about a enormous breakthrough for the meme coin.
